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1950 Marie Lane, 
North Mankato, MN 56003

$700,000

—

Bed

—

Bath

-

Sq Ft

4.85

Acres (Lot)

Land

Active

Listed by

Carlos Carrera

RE/MAX Dynamic Agents

Last updated:

October 15, 2026, 04:32 PM

MLS#

267041475

Source:

MN RASM

About This Land

1950 Marie Lane

Exceptional 4.85-acre shovel-ready development opportunity located in the Upper North Mankato area. Zoned R-4 Multiple Dwelling District, the site offers the potential to accommodate a development of approximately 152 units, subject to final plans and municipal approvals. Strategically positioned near South Central College, Hoover Elementary, and Dakota Middle Schools, as well as residential neighborhoods. The property offers excellent accessibility within one of North Mankato's established growth areas. This site is a unique opportunity for a senior or market rate housing operator or developer seeking a well-located site. Tax Increment Financing (TIF) may also be available, subject to qualification and approval by the appropriate governmental authorities.

Land Facts

Description/Design:

Land

Lot Size (Acres)

4.85

MLS #:

267041475

Last Updated:

October 15, 2026, 04:32 PM

Added:

a month ago

Finances & Disclosures

Finances

Price:

$700,000

Source:MN RASM
The information being provided by REALTOR® Association Of Southern Mn, Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTOR® Association Of Southern Mn, Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.